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Over/Under: Alpha made the following recording errors: (1) Should not have recorded an AJE for depreciation of $1,200, and (2) should not have recorded cash

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Over/Under: Alpha made the following recording errors: (1) Should not have recorded an AJE for depreciation of $1,200, and (2) should not have recorded cash of $1,700 received in advance of earning it. What effect does all of this have on assets, liabilities, and net income? Assets: [Select]

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